Patnala Srinivas v. ITO (2025) 303 Taxman 374 (Telangana)(HC)

S. 69A : Unexplained money-Agricultural income-Failed to establish that land was under cultivation-Order of Tribunal denial of exemption was upheld. [S.10(1), 260A]

 Assessee claimed exemption of agricultural income.  Income Tax Inspector deputed by Assessing Officer for spot enquiry reported that land was marked into plots and was not used for cultivation. Tribunal held that the  assessee had failed to establish that land in question was under cultivation. Order of Tribunal is affirmed.  (AY. 2000-01)

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